Episode 15: Shift In The Job Landscape

Unemployment, Oversaturated Job Market, Uncertain Future - What's Next?

Unprecedented times leads to a lot of uncertainty. You are questioning the job security you once thought you had. Maybe you are on unemployment for the first time. Are you rethinking the traditional job landscape? Do you have this sense of insecurity where you could be one decision/crisis away from losing your job? A job you once thought you had security in? During this time, have you been considering new options? So many questions, so few concrete answers. But the biggest question you should be asking is, what opportunity is next?

Small Business Impact

One of the areas many may be considering during this time is business ownership. But, at the same time, small businesses are suffering greatly right now. So, are there other options? Have you considered franchising? The benefits of franchising is having a team, resources, support, and a franchisor way past the start-up phase to help you weather storms - even pandemic sized storms, while also building the security and freedom of owning your own business. Additionally, when researching franchise opportunities consider the industry. Is the business a need or a want? Is it an essential business? Previously we may not have thought much about what essential businesses are, but today we certainly are. 

In this episode we are spending some time on opportunities available to you during this time and how you can be "essential-proofing" yourself, should this happen again (or something like it like a recession)! Being prepared and proactive is key.

Episode Breakdown –

01:05 Oversaturated Job Market

04:00 What’s The Next Opportunity

06:20 Shift To Skilled Labor

08:30 Acquiring Essential Skills

09:14 Best Advice I Ever Got

10:50 Shift In Business Landscape

14:05 Small Business Impact

17:10 It’s Not Just Hard Work

19:55 Future Of Uncertainty

22:24 Freedom Illusion

24:00 A Team Makes Business Enjoyable

25:30 Lost Sense Of “Job Security”

29:00 Look At Who Wasn’t Laid Off

31:36 Systems In The World Are For Us

32:40 You Provide For You

33:40 Franchising Opportunities

35:05 A Business That’s A Need

37:20 Spend 100k+ On College Or A Franchise?

38:13 Recession Proofing

40:20 Value-Based Business

43:10 Building A Business You Can Sell

46:00 Craving Freedom

48:00 Helping Our Franchisees Survive Pandemic

50:00 Building A Reserve

51:20 Freedom Is When You Exit Startup